Flora Growth Corp. — Director's Dealing 2025

Jul 2, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Flora Growth Corp. (FLGC)
CIK: 0001790169
Period of Report: 2025-06-30

Reporting Person: Starke Clifford (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-06-30	Stock Appreciation Rights ("SARs")	$1.21	D	1028665	Disposed	2034-12-15	Common Shares (1028665)	Direct
2025-06-30	Stock Appreciation Rights ("SARs")	$0.58	A	1028665	Acquired	2034-12-15	Common Shares (1028665)	Direct
2025-06-30	Stock Appreciation Rights ("SARs")	$0.915	D	575319	Disposed	2034-08-14	Common Shares (575319)	Direct
2025-06-30	Stock Appreciation Rights ("SARs")	$0.58	A	575319	Acquired	2034-08-14	Common Shares (575319)	Direct

Footnotes

F1: The SARs vest in 9 equal installments, subject to stock price criteria to be met prior to each trance vesting. The SARs have a post-termination exercise period of one year.

F2: The SARs granted to the reporting person on December 15, 2023, and August 14, 2024, were amended, with shareholder approval, to have a lower exercise price.